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flag OPEC+ plans to increase production, likely causing oil prices to fall further this week.

flag Oil prices are expected to fall further this week due to OPEC+ plans to increase production by 411,000 barrels per day in July. flag Brent crude and WTI are trading below $64 and $61 per barrel, respectively. flag The decision comes amid ongoing trade uncertainties and legal battles over U.S. tariffs. flag Goldman Sachs predicts oil prices will drop to $60 for Brent and $56 for WTI this year, despite rising demand. flag The bank anticipates an acceleration in non-U.S. shale oil production from non-OPEC sources.

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